IN RE OCANA

No. 92 Civ. 5765 (PNL).

151 B.R. 670 (1993)

In re Laurencio Jaen OCANA as President/Commission Appointee Latino Americano De Reaseguros, S.A., Debtor.

United States District Court, S.D. New York.

February 17, 1993.


MEMORANDUM AND ORDER

LEVAL, District Judge.

The Insurance Corporation of Hannover appeals from an order of the Bankruptcy Court (Blackshear, J.), dated June 8, 1992, granting the debtor, Latino Americano de Reaseguros, S.A. ("LARSA"), a Panamanian reinsurance company, a stay of two federal district court actions brought by Hannover.

In 1984 and 1985, LARSA and Hannover entered into certain contracts...

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